Amid the coronavirus outbreak in Cyprus, the government is discussing a plan with local banks to provide state guarantees of up to 2 billion euros aiming to unlock credit to self-employed, small and medium-sized enterprises (SMEs) and large corporations, affected by the coronavirus lockdown.
Read full articleWe would like to inform you that we have introduced a dedicated online portal for issues specifically related to the COVID-19 pandemic. The portal may be accessed from our main website neo.law and it contains regularly updated legal guidance on areas of the law which are directly impacted by current events.
Read full articleAmid growing calls for an internal lockdown to contain coronavirus contagion, the government was on Monday said to be preparing a revised stimulus and relief package worth some €1.5 billion, as well as a plan to guarantee up to €2 billion in bank loans to businesses and self-employed people.
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